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Britain’s biggest care home operator, Four Seasons Health Care, has been drawn into a bitter row with its lenders over debt guarantees, threatening ­attempts to shore up its unstable ­finances.

Four Seasons, owned by private ­equity tycoon Guy Hands’ firm Terra Firma, is battling in the High Court to overturn security obligations to lenders that it claims were accidentally ­imposed during an apparently botched legal process last year.

The Sunday Telegraph understands that Four Seasons, which has a debt pile of nearly £540m and has recorded losses of more than £60m so far in 2017, discovered it was missing a crucial document relating to its bonds.